Tariffs Catch-All

[TarSpiel]

It's been shown it was not due to hoarding but the fact there are different toilet papers for commercial versus home use and it took time to ramp up production of the latter when people no longer were pooping in airports, office buildings etc.

 

[Zoo_View]

It's been shown it was not due to hoarding but the fact there are different toilet papers for commercial versus home use and it took time to ramp up production of the latter when people no longer were pooping in airports, office buildings etc.

I’d argue a counter to that…..I was at a UNC basketball game in February 2020. The Covid pandemic wasn’t even a slight whisper.

My first inkling that something was up was after that basketball game……stopping in the Carrboro Harris Teeter…..the toilet paper aisle was EMPTY.

 

[nycfan]

Brazil Won’t Take Orders From Trump, President Says​

Business leaders urge Brazil’s President Luiz Inácio Lula da Silva to negotiate with the U.S.​

​

—> https://www.wsj.com/world/americas/...b?st=iaWP5N&reflink=desktopwebshare_permalink

“… Bolsonaro, a former army captain turned conservative icon, is on trial in Brazil after police accused him of plotting a coup in 2022 and conspiring to kill da Silva by poisoning him—charges that could land him in jail before next year’s elections.

“Brazil is a sovereign country with independent institutions, and it will not take orders from anyone,” da Silva wrote late Wednesday, when he called an emergency cabinet meeting to discuss Trump’s announcement. He said the Brazilian government would respond with reciprocity, without giving further details.

… Brazil’s currency slumped more than 2% against the dollar late Wednesday, and exporters scrambled to calculate what the tariffs would mean for a country that already struggles to be competitive abroad.

Trump said the 50% tariff was necessary to level the playing field with Brazil and to “rectify the grave injustices of the current regime,” incorrectly stating that the U.S. had a trade deficit with Brazil. Brazil hasn’t run a trade surplus against the U.S., its second-largest trading partner, for more than a decade….”

 

[DiehardHeelFan]

Brazil Won’t Take Orders From Trump, President Says​

Business leaders urge Brazil’s President Luiz Inácio Lula da Silva to negotiate with the U.S.​

​

—> https://www.wsj.com/world/americas/...b?st=iaWP5N&reflink=desktopwebshare_permalink

“… Bolsonaro, a former army captain turned conservative icon, is on trial in Brazil after police accused him of plotting a coup in 2022 and conspiring to kill da Silva by poisoning him—charges that could land him in jail before next year’s elections.

“Brazil is a sovereign country with independent institutions, and it will not take orders from anyone,” da Silva wrote late Wednesday, when he called an emergency cabinet meeting to discuss Trump’s announcement. He said the Brazilian government would respond with reciprocity, without giving further details.

… Brazil’s currency slumped more than 2% against the dollar late Wednesday, and exporters scrambled to calculate what the tariffs would mean for a country that already struggles to be competitive abroad.

Trump said the 50% tariff was necessary to level the playing field with Brazil and to “rectify the grave injustices of the current regime,” incorrectly stating that the U.S. had a trade deficit with Brazil. Brazil hasn’t run a trade surplus against the U.S., its second-largest trading partner, for more than a decade….”

“Trump said the 50% tariff was necessary to level the playing field with Brazil and to “rectify the grave injustices of the current regime,” incorrectly stating that the U.S. had a trade deficit with Brazil. Brazil hasn’t run a trade surplus against the U.S., its second-largest trading partner, for more than a decade….”

And no one will call him on this

 

[superrific]

“Trump said the 50% tariff was necessary to level the playing field with Brazil and to “rectify the grave injustices of the current regime,” incorrectly stating that the U.S. had a trade deficit with Brazil. Brazil hasn’t run a trade surplus against the U.S., its second-largest trading partner, for more than a decade….”

And no one will call him on this

The district courts will. Thing about tariffs: you don't need class actions (or you shouldn't). An importer or end user can't get complete relief as long as the tariffs remain intact anywhere.